Boeing CFO Said Made Decision To Constrain 737 Production Below 38 Per Month; Says 737 Production Constraint Is Going To Impact Revenue, Earnings And Cash Flow For Year And Quarter -BofA Securities Global Industrials Conference
Portfolio Pulse from Charles Gross
At the BofA Securities Global Industrials Conference, Boeing's CFO announced a decision to limit 737 production below 38 units per month, impacting the company's revenue, earnings, and cash flow for the year and quarter.
March 20, 2024 | 9:56 am
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NEGATIVE IMPACT
Boeing's decision to constrain 737 production will negatively impact its financial performance, affecting revenue, earnings, and cash flow.
Limiting the production of the 737, a key revenue driver, directly impacts Boeing's financial health by reducing potential sales and cash inflows. This decision is significant given the 737's role in Boeing's product lineup.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
As a key supplier to Boeing, Spirit AeroSystems may face indirect financial impacts due to Boeing's decision to limit 737 production.
Spirit AeroSystems, being a major supplier for Boeing's 737, is likely to experience decreased orders and revenue as a result of Boeing's production constraints. This could affect SPR's financial performance.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 70